Rare Element Reports 38 Percent Increase of M & I Rare-Earth Mineral Resources at Bear Lodge

- High-grade Measured and Indicated (M & I) mineral resource of 6.8 million tons at 3.75% REO
- Additional high-grade Inferred mineral resource of 24.2 million tons at 2.74% REO including 17.7 million tons at 3.10% REO (at 2% cutoff grade)
- All of the M & I resource and 16.5 million tons of the Inferred resources -- near-surface oxide and oxide-carbonate mineralization
- Significant potential for further expansion of all deposits

Rare Element Resources Ltd. (AMEX: REE - News)(TSX: RES.TO - News) is pleased to announce the results of an updated NI 43-101-compliant mineral resource estimate of rare-earth elements ("REE") plus yttrium contained in three deposits located in the Bull Hill area of the Bear Lodge project, Wyoming (Figure 1).

Toyota Tsusho Corp. and Matamec Explorations Inc. Sign a MoU Concerning the Kipawa Heavy Rare Earths Deposit

Matamec Explorations Inc. ("Matamec" or the "Company") (TSX-V: MAT.V - News) is pleased to announce that it has signed a non-binding Memorandum of Understanding ("MoU") with Toyota Tsusho Corp. ("TTC"), the trading company of the Toyota Motor Group. TTC is interested in the Kipawa Heavy Rare Earths Deposit in order to secure a Heavy REE supply for the production and marketing of hybrid and electric vehicles.

The main intent of the MoU is to accelerate the production from the Kipawa Heavy Rare Earths Deposit. To achieve this goal, TTC and Matamec intend, based on the conditions provided herein, to fast track the development of the Kipawa Deposit in mutual collaboration. Technical assistance may be provided in association with TTC's chain of suppliers.

Frontier Rare Earths and Korea Resources Corporation sign definitive strategic partnership agreement

FRONTIER AND CONSORTIUM CONSISTING OF KORES, SAMSUNG, HYUNDAI, GS GROUP, DAEWOO SHIPPING & MARINE ENGINEERING, AND AJU GROUP TO COOPERATE IN DEVELOPMENT OF ZANDKOPSDRIFT RARE EARTH DEPOSIT AND PURSUE DOWNSTREAM OPPORTUNITIES

Frontier Rare Earths Limited (TSX: FRO.TO - News) (TSX: FRO-WT.TO - News) ("Frontier")  announced today that it  signed a definitive agreement with Korea Resources Corporation ("KORES"), the Korean Government-owned mining and natural resource investment company, to form a strategic partnership designed to accelerate the development of Frontier's Zandkopsdrift rare earth project ("Zandkopsdrift") in South Africa.

Melbourne, Australia - November 8, 2011 (Investorideas.com Newswire) Legend International Holdings, Inc (OTCBB: LGDI) is pleased to announce that it plans to begin phosphate rock production and sales operations from its Paradise rock deposits for domestic value added sales and exports.

 Legend is confident that given the current phosphate rock market the beginning of production and sales operations is now warranted. This will occur in parallel with continuing Legend's current DAP/MAP development strategy with prospective joint venture partners.

 Legend and IFFCO have executed a Shareholders' Option Agreement whereby Legend and IFFCO have agreed on Rock Off-take. Legend is now finalising its strategy for production and sale of rock phosphate in consultation with IFFCO.